BANQUE DE LUXEMBOURG

Banque de Luxembourg (Banque de Luxembourg S.A.) is a Luxembourg private bank established in 1920, headquartered in Luxembourg City and part of Crédit Mutuel Alliance Fédérale. It operates as an authorized credit institution under the supervision of the Commission de Surveillance du Secteur Financier (CSSF) within the EU Single Supervisory Mechanism framework and participates in Luxembourg’s deposit guarantee scheme (FGDL), which protects eligible deposits up to EUR 100,000 per depositor per bank; investor-compensation cover is separate and limited to EUR 20,000 under the national scheme. The bank focuses on affluent and high‑net‑worth individuals, families, and entrepreneurs, providing discretionary and advisory portfolio management, securities execution and custody, lending (including mortgages and Lombard credit), daily banking and payments, and wealth planning addressing cross‑border considerations; it also acts as depositary and custodian for Luxembourg investment funds and supports asset managers and fund promoters. Asset management is delivered through BLI – Banque de Luxembourg Investments S.A., which manages UCITS and other funds under the “BL” label, alongside access to third‑party strategies. The institution serves clients primarily in Luxembourg and Belgium (via a Brussels branch) and offers services in multiple European languages; account opening is subject to AML/KYC checks, country‑of‑residence onboarding policies, and tax reporting obligations under CRS/FATCA. Digital access is available through online and mobile banking with strong customer authentication, while in‑person service reflects a limited branch footprint typical of a private bank. Pricing, service tiers, and minimum relationship sizes are not standardized publicly and depend on client profile and selected services. Points to assess include the focus on private banking rather than mass‑market features, the role of proprietary BL funds within proposed allocations versus open‑architecture options, and the suitability of cross‑border services for the client’s regulatory and tax situation.